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Journal Entries in the books of Bangalore Ltd. Amount (Dr.) Amount (Cr.) Particulars158000Amount(Dr.)Amount(Cr.) Business Purchase A/c To Amrita Ltd (Being business purchase amount credited to

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Journal Entries in the books of Bangalore Ltd. Amount (Dr.) Amount (Cr.) Particulars158000Amount(Dr.)Amount(Cr.) Business Purchase A/c To Amrita Ltd (Being business purchase amount credited to Amrita Ltd) Goodwill A/c Securities Premium A/c To Preliminary Expenses A/c 2000 (Being preliminary expenses adjusted against securities 2000 premium) Table 1: Journal Entries of Business Purchase in the books of "Bangalore Ltd" Journal Entries in the books of Bangalore Ltd. Amount (Dr.) Amount (Cr.) Particulars158000Amount(Dr.)Amount(Cr.) Business Purchase A/c To Amrita Ltd (Being business purchase amount credited to Amrita Ltd) Goodwill A/c Securities Premium A/c To Preliminary Expenses A/c 2000 (Being preliminary expenses adjusted against securities 2000 premium) Table 1: Journal Entries of Business Purchase in the books of "Bangalore Ltd

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